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COMPANIES ADOPTING HYPERION ENTERPRISE PLANNING TO MANAGE COMPLEX PLANNING
Hyperion Customers Endorse Integrated Suite of Applications
for Making Critical Planning, Budgeting, Modeling Decisions
SANTA CLARA, Calif., August 22, 2005 – An increasingly complex business environment is prompting a growing number of companies to adopt a new approach for the enterprise planning process, according to Hyperion (NASDAQ: HYSL). The approach combines strategic, financial and operational planning into a single, integrated process and relies on a suite of packaged software applications. Enterprise planning helps ensure broader and more collaborative planning and forecasting, that more discipline is provided for strategic modeling, and that operations are linked directly with strategic goals.
“Planning must go beyond traditional budgeting and forecasting to help companies address the complexities of the global marketplace,” said Rich Clayton, vice president of product marketing at Hyperion. “The long range plan should feed the annual operating plan. Changes in the operating plan will have impact on cash flow and funding strategies. Updated plans and forecasts are used to perform what if and ad hoc analyses. Customers are increasingly buying our packaged applications in combination to deploy an enterprise planning solution that addresses these complexities and allows them to link strategies with goals, plans and resources.”
Clayton said customers are integrating Hyperion Planning, Hyperion Strategic Finance, Hyperion Workforce Planning, in combination with the Hyperion Business Intelligence Platform, for their enterprise planning needs. He noted that Hyperion is the only software company offering the combination of applications for a true enterprise planning solution, marketed as Enterprise Planning by Hyperion.
Leading Global Companies Adopting Enterprise Planning for Critical Business Decisions
Zebra Technologies Corporation, a global leader in delivering on-demand printing solutions for business improvement, will use a combination of Hyperion Strategic Finance and Hyperion Planning to link its strategy, planning and reporting processes for improved financial planning. “Using Hyperion Strategic Finance, we have been able to analyze the impact of potential mergers and acquisitions, improve our financial modeling and obtain faster scenario analysis,” said Todd Naughton, vice president and controller at Zebra. “Now we are adding Hyperion Planning and Hyperion Workforce Planning to improve our financial and operational planning processes. The integrated solution will further help us to translate strategic objectives into operational goals and targets.”
Another customer relying on Hyperion software for enterprise planning is Denny’s. The largest full-service family restaurant chain in America, Denny’s uses key elements of the Hyperion Enterprise Planning solution to improve efficiency in operational planning activities with critical strategic planning functions. “We are using Hyperion Strategic Finance and Hyperion Planning across our organization in support of building our annual plans, long range plans as well as our forecasts,” said Robert Verostek, manager of corporate accounting at Denny’s. “Hyperion software saves us time in data collection which is used for additional analysis that helps us make better strategic business decisions and improve performance across the company.”
A third enterprise planning customer, EMCOR, a global leader in mechanical and electrical construction, energy infrastructure and facilities services, is using Hyperion software to monitor business drivers, so that the company can identify issues early and quickly react to changes in the business. “Hyperion Strategic Finance and Hyperion Planning are essential elements of our planning solution. With them, we can involve all areas of our business in collaborative planning based on reliable data that is shared on a real-time basis,” said William Feher, controller at EMCOR. “The Hyperion solution has made it possible for us to operate in an interactive, integrated way to make critical management decisions with speed and confidence.”
Enterprise Planning to Help Drive Strong Growth in BPM Analytic Applications
The increasing adoption of enterprise planning solutions is part of a market trend in which organizations look to BPM vendors to improve planning and budgeting processes. In its June 2005 report, “IDC Market Analysis: Worldwide Business Performance Management and Financial Analytic Applications 2005-2009 Forecast and 2004 Vendor Share,” research firm IDC says the market for financial/BPM applications grew at a rate of 15.5% in 2004. The report points to planning and budgeting applications, accounting for 42.8% of the market, as the primary drivers of growth. Ranked the number one vendor in worldwide Business Performance Management and Financial Applications market by IDC, Hyperion is strategically positioned to take the lead in Enterprise Planning.
“In this high-growth market, budgeting and planning applications will play a key role,” said Kathleen Wilhide, Director, Compliance and Business Performance Management Solutions at IDC. “Dynamic performance management can be achieved through integrated planning, budgeting and scorecarding initiatives supported by technology to ensure consistent processes and reliable information. Companies with integrated enterprise planning solutions will see significant traction in customer adoption in the BPM applications market.”
Planning Solution Drives Superior Business Performance
Several factors set Hyperion’s suite of packaged financial applications apart from other offerings in the marketplace. Of primary importance are the capabilities within Hyperion Strategic Finance for modeling long range plans, treasury strategies and corporate development activities. Hyperion Strategic Finance is unique in the marketplace in ensuring treasurers the capability to analyze how business decisions, such as stock buy-back programs or changes in credit rating, might impact cash flow. Additionally, as companies demand more rigorous analysis before committing to an acquisition, divestiture or investment, they increasingly turn to Hyperion Strategic Finance for the most up-to-date actual results and forecasts to model different scenarios, test assumptions and see the incremental impact on financial statements.
Hyperion Workforce Planning, a specialized module in the Hyperion Planning application, is designed to make headcount, salary and compensation planning fast and efficient across the organization. This special-purpose planning software allows companies, who currently rely on broken or disparate spreadsheets, to plan, monitor and analyze the workforce and associated costs down to the operational level of a business, and see the potential impact on the financial statements.
Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organize and analyze it, then communicate it across the enterprise. Along with the industry’s most comprehensive and flexible set of interoperable applications, Hyperion offers the leading Business Intelligence platform optimized to support Business Performance Management solutions.
Named one of the FORTUNE 100 Best Companies to Work For (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the company’s innovative and specialized solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com/uk, e-mail firstname.lastname@example.org or call 01784 228015.
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